BARACK OBAMA 44TH PRESIDENT OF THE UNITED STATES OF AMERICA
In his 2 year run as POTUS Barack Hussain Obama accomplished a lot. One of the most important things he did was signing into law the Jumpstart Our Business Startups (JOBS) Act of 2012.
Also known as the “CROWDFUND” Act this law allowed startups to raise capital via unconventional and non SEC regulated means through internet crowdfunding.
Normally as a startup corporation or other corporate entity there’s a lot of fees and regulations you have to follow according to the Securities Exchange Commission(SEC), the Government branch for American businesses that prevent small businesses from going big.
This bill makes it easier for small businesses to raise money through crowd funding and kickstarter without having to be heavily taxed. The bill came at a perfect time as America was recovering from the recession of 2008.
For more in depth info on the JOBS act visit…..https://www.sec.gov/spotlight/jobs-act.shtml
Visit here to read our November 2016 article of 15 things Obama did for Black America…..https://theblackmasculist.com/2016/11/21/top-15-accomplishments-of-barack-obama/